Inflation, CPI (Average) rose 11.0% to 1.94% in the European Union in 2020

Inflation, CPI (Average) (%), 2020
Economy | European Union | January 1, 2021
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Excel Sheet

Average inflation measured by CPI rose 11.0% to 1.94% in the European Union in 2020, according to the National Statistical Office.

Historically, average inflation measured by CPI in the European Union reached an all time high of 1.94% in 2020 and an all time low of < -0.001% in 2015. When compared to European Union's main peers, average inflation measured by CPI in China amounted to 2.65%, 1.66% in Japan, 4.80% in Russia and 2.30% in USA in 2020.

European Union has been ranked th within the group of 171 countries we follow in terms of average inflation measured by CPI.

Inflation, CPI (Average) Unit 2003 2004 2005 2006 2007 2008 2009 2010 2011 2012 2013 2014 2015 2016 2017 2018 2019 2020 2021 2022 2023
Canada % 0.016% 0.023% 0.019% 2.10% 2.11%
China % 0.016% 0.021% 0.029% 2.65% 2.80%
European Union % 0.014% 0.017% 0.016% 1.94% 2.03%
Germany % 0.015% 0.017% 0.014% 2.08% 2.29%
India % 0.025% 0.049% 0.077% 4.57% 4.26%
Japan % 0.005% 0.010% 0.005% 1.66% 1.05%
Mexico % 0.060% 0.049% 0.036% 3.01% 3.00%
Russia % 0.037% 0.029% 0.045% 4.80% 4.80%
South Korea % 0.019% 0.015% 0.004% 2.00% 2.00%
USA % 0.021% 0.024% 0.018% 2.30% 2.19%